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In a Private Limited Company, the ownership is decided by the shareholding of the Company.
For inducting new investors or transferring the ownership of the company, the shares of the company need to be transferred.
The company’s interest could be sold to attract new investors or to pass the control of the company.
Both PAN and Aadhaar Card of all Indian Shareholders and Directors
Either Voter ID, Passport, or Driving License of the Shareholders and Directors.
Copy of the latest Telephone Bill, Electricity Bill, or Bank Account Statement of the Shareholders and Directors
Latest passport size photographs of all the Shareholders and Directors
Either of the latest Utility Bill (Electricity, Telephone, Gas, Water) or Property Tax Bill of the registered office address. Rent agreement and NOC from the owner in case of rented property
Obtain the share transfer deed as required in the prescribed format
Execute the share transfer deed duly signed by the transferor and the transferee.
Stamp this transfer of share deed in compliance with the Indian Stamp Act and the state stamp duty notice.
Have a witness to sign the share transfer deed with his/her name, address and the signature.
Attach the transfer document or the allocation letter to the share certificate and send it to the company.
The company should process the paperwork and the transferor should be granted a new certificate in case if its accepted.
